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ETF NYSE Arca USD

ZEGA Buy and Hedge ETF ZHDG

Issuer: not identified from the fund name SEC registrant: Tidal Trust I Derivatives-based
Watch ZHDG (sign in) Add to portfolio (ZHDG) Set an alert for ZHDG Compare ZHDG with other ETFs Position size calculator for ZHDG at 24.04 USD

How position sizing works
Last price 24.04 USD Change: Up +0.08 Percent change: Up +0.35%

Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed

Expense ratio
0.97%
Prospectus 28 Aug 2025
Net assets
$35.2M
As of 31 Jul 2026
Holdings
9
As of 31 Jul 2026
12-month distribution yield
2.42%
Yearly
Asset class
Derivatives-based
From holdings

ZEGA Buy and Hedge ETF (ZHDG) is an exchange-traded fund listed on NYSE Arca in the United States. Its category is Derivatives-based. Its last price was US$24.04 on 20 Oct 2026. Its expense ratio is 0.97% a year, from its prospectus dated 28 Aug 2025. It reported net assets of US$35.2 million as of 31 Jul 2026. Its latest holdings report lists 9 holdings as of 31 Jul 2026. Over the last 12 months it paid distributions of US$0.58 a unit, a 12-month distribution yield of 2.42%, paid yearly.

General information only: nothing on TakeProfits takes into account your objectives, financial situation or needs, and it isn't personal financial advice or a recommendation to buy or sell anything. Consider whether it suits you and get advice from a licensed adviser before acting. Market data may be delayed and comes from third-party sources.

Fees

Total annual operating expenses (gross)
0.97%
Net, after fee waivers or reimbursements
No waiver stated
Management fee
0.95%
Prospectus date
28 Aug 2025
Filed with the SEC
25 Aug 2025

Source: SEC prospectus risk/return data sets (opens in a new tab) Filed

Size and reporting

Net assets
$35,199,463
Total assets
$35,228,605
Holdings as of
31 Jul 2026
Report made public
21 Sep 2026 (52 days after the month end)

Net assets are for the whole fund series, which for some funds (Vanguard's, for example) also includes mutual fund share classes.

Source: SEC Form N-PORT (opens in a new tab) Filed

Top holdings

Largest 9 of 9 positions, as of 31 Jul 2026. Weight is the percent of net assets the fund reported.

ZHDG top holdings as of 31 Jul 2026
# Holding Identifier Weight Value (USD) Type Country Currency
1 SPY 12/31/2026 220.01 C No identifier reported 73.65% $25.9M Equity derivatives United States USD
2 TREASURY BILL United States Treasury Bill US912797TV96 8.14% $2.9M Debt United States USD
3 TREASURY BILL United States Treasury Bill US912797RS85 5.95% $2.1M Debt United States USD
4 TREASURY BILL United States Treasury Bill US912797RG48 5.17% $1.8M Debt United States USD
5 TREASURY BILL United States Treasury Bill US912797VG91 3.75% $1.3M Debt United States USD
6 First American Government Obli First American Government Obligations Fund US31846V3362 1.82% $642K Short-term investment vehicles (cash funds) United States USD
7 SPY US 06/30/27 P750 No identifier reported 1.18% $417K Equity derivatives United States USD
8 SPY US 12/18/26 P650 No identifier reported 0.22% $76K Equity derivatives United States USD
9 SPY US 09/18/26 P660 No identifier reported 0.11% $38K Equity derivatives United States USD

Source: SEC Form N-PORT (opens in a new tab) Made public Holdings as of 31 Jul 2026

All 9 stored holdings

Breakdowns

Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.

Asset type

Asset type by weight
TypeWeightBar
Equity derivatives 75.16%
Debt 23.02%
Short-term investment vehicles (cash funds) 1.82%

Country

Country by weight
CountryWeightBar
United States 100.00%

The country each issuer is assigned to in the report.

Currency exposure

Currency exposure by weight
CurrencyWeightBar
US dollar (USD) 100.00%

The currency each holding is denominated in. Currency hedges are not netted off, so a hedged fund still shows its holdings' currencies.

Sector

No sector data

None of this fund's holdings matched a stock listed on this site, so no sector is shown.

Partial coverage: sectors are known for 0.0% of net assets, the holdings matched by CUSIP or ticker to US stocks listed on this site. The rest is not assigned a sector.

Source: SEC Form N-PORT (opens in a new tab) Holdings as of

Distributions

Paid in the last 12 months
$0.5810
1 payment per unit
12-month yield
2.42%
Distributions only, not total return
Frequency
Yearly
From the gaps between ex-dates
Latest ex-date
24 Dec 2025

12-month yield = distributions per unit with an ex-date in the last 12 months ($0.5810) ÷ latest price ($24.04) × 100 = 2.42%. It looks back, so it is not a forecast; special distributions in the window are included.

Why a distribution yield is not the fund's return: yield vs total return

Distribution history table (5 payments)
ZHDG distributions per unit by ex-date
Ex-dateAmount per unit
24 Dec 2025$0.5810
24 Dec 2024$0.5260
22 Dec 2023$0.2690
23 Dec 2022$0.5670
22 Dec 2021$0.2800

Source: Yahoo Finance (opens in a new tab) Checked · 2 days ago Amounts are adjusted for later unit splits

Filings and sources

Compare with

Largest funds in the same category:

Up to four symbols separated by commas. ASX funds end in .AX, for example IVV.AX.

How ETF overlap is measured, with a worked example

IMPORTANT FINANCIAL DISCLAIMER: The information provided on this platform is for educational and informational purposes only and should not be construed as investment advice. All investments involve risk, including potential loss of principal. Past performance does not guarantee future results. Take Profits is not a registered investment advisor and does not provide personalized investment advice. Users should conduct their own research and consult with qualified financial professionals before making investment decisions. Market data may be delayed and is provided by third-party sources.

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